Zhihu (ZHIHF) Leases (2020 - 2025)

Zhihu's Leases history runs 6 years deep, the most recent figure standing at $5.9 million for Q4 2025.

• In Q4 2025, Leases rose 492.19% year-over-year to $5.9 million; the TTM figure through Dec 2025 stood at $5.9 million (up 492.19% YoY), while the FY2025 annual figure was $6.0 million, up 513.78% from the prior year.
• Leases came in at $5.9 million for Q4 2025 at Zhihu, down from $6.5 million in the prior quarter.
• In the past five years, Leases ranged from a high of $21.3 million in Q1 2022 to a low of $1.0 million in Q4 2024.
• A 5-year average of $10.2 million and a median of $10.2 million in 2023 frame the typical range for Leases.
• Across the five-year window, Leases jumped 3945.8% in 2021 and tumbled 77.79% in 2024, its largest moves.
• Zhihu's Leases stood at $19.8 million in 2021, then dropped by 28.87% to $14.1 million in 2022, then sank by 67.93% to $4.5 million in 2023, then sank by 77.79% to $1.0 million in 2024, then jumped by 492.19% to $5.9 million in 2025.
• According to Business Quant data, Leases over the past three periods registered $5.9 million, $6.5 million, and $7.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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